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Worksheets

Staffing and Purchasing

Total questions: 40

Worksheet time: 58mins

Name
Class
Date
1.

What is "staffing level"?

a)

The practice of assigning the same number of workers to each department

b)

The average educational level attained by employees of a business

c)

The rank above cashier

d)

the number of workers assigned to jobs at a particular time

2.

Long lines are an indication of what?

a)

Disgruntled employees

b)

Too many people writing checks

c)

Prices that are too low

d)

Understaffing

3.

An understaffed store may become a target for what?

a)

Panhandlers

b)

Shoplifters

c)

Deal-seekers

d)

Tax audit

4.

Which is NOT a symptom of an understaffed store?

a)

Closed cash registers

b)

Unhappy customers

c)

Customer using credit cards

d)

Poor stock maintenance

5.

How do managers deal with over staffing problems?

a)

By making full-time positions part-time

b)

By selling the store

c)

By cutting back store hours

d)

By canceling ad campaigns

6.

Which of the following is NOT a necessary trait of a good employee?

a)

Willingness to accept direction

b)

Tidy appearance

c)

Lives nearby

d)

Good communication skills

7.

Which of the following is NOT something a potential employee needs to know before being hired?

a)

Must memorize the entire product line

b)

The job description

c)

The number of hours to be worked

d)

The wages

8.

When offering a job to an applicant, what should the manager and new hire mutually agree upon?

a)

The date for the holiday party

b)

The starting date

c)

The next year's vacation schedule

d)

The break schedule

9.

What do equal opportunity employment laws do?

a)

Guarantee vacation days for everybody

b)

Guarantee the same number of hours to each employee

c)

Protect employees from discrimination because of gender, race, religion, national origin, age, or disability

10.

What do employee compensation laws do?

a)

Guarantee income in case of injury

b)

Determine minimum wages, the 40-hour work week, and overtime pay

c)

Provide transportation to workers without their own car

11.

What does a store's buyer do?

a)

Keeps track of competitors' prices

b)

Purchases merchandise to sell

c)

Tests the effectiveness of a store's sales force by pretending to be a customer

12.

What is a store's "open-to-buy"?

a)

The number of hours each week that customers can come to shop

b)

A real estate term indicating that a business is up for sale

c)

A spreadsheet listing all unsold merchandise

d)

the amount of money available for purchasing new inventory

13.

What is a "vendor"?

a)

A business that sells merchandise to retail stores for resale

b)

Any automated sales process that needs no human interaction

c)

The head cashier in a store

14.

In the context of retail, which of the following means the same as "stock"?

a)

Floor space

b)

Headroom

c)

Inventory

d)

Common

15.

Which of the following is the responsibility of a vendor?

a)

Properly displaying merchandise

b)

Delivering Merchandise on time

c)

Marking products with the correct prices

d)

Ensuring perishable goods are sold quickly

16.

What does a vendor's invoice typically list?

a)

The minimum retail sales prices

b)

Upcoming specials

c)

the items and quantities in a delivery

d)

the dates by which perishable goods must be sold

17.

Which of the following is not part of the process of checking in stock?

a)

Ensuring stock is in good condition

b)

Reviewing expiration dates of perishable goods

c)

Arranging goods on a display rack

18.

What is just-in-time inventory control designed to do?

a)

Reduce the amount of inventory a store must keep on hand

b)

Eliminate wasteful packaging

c)

Cut down on merchandise lost to theft

d)

Minimize time spent restocking shelves

19.

Which of the following is NOT a type of inventory system?

a)

Physical

b)

Virtual

c)

Perpetual

20.

What does stock turnover measure?

a)

The size of a product's packaging

b)

The ease with which merchandise can be placed on shelves

c)

The sales tax due for each item

d)

How often stock is sold during a given time period

21.

Heather makes $6.55 per hour. She worked 25 hours last week. Heather had payroll deductions of $42.11 for federal, state, and local taxes, and for social security. What was Heather's take home pay?

a)

$97.65

b)

$103.45

c)

$119.80

d)

$121.64

22.

Compute the sum of the wages per week for the following three employees. Employee A worked 40 hours per week at a wage of $9.50 per hour. Employee B worked 38 hours per week at a wage of $8.25 per hour. Employee C worked 39 hours per week at a wage of $7.75 per hour.

a)

$1,014.40

b)

$995.75

c)

$980.25

d)

$1,003.50

23.

Your store has an average time of 90 seconds to process a sales transaction. There are three customers in line to check out. How much time will have passed when the last sales transaction is complete?

a)

4.5 minutes

b)

5 minutes

c)

6.25 minutes

d)

8 minutes

24.

It is a busy lunch hour. Two cashiers are working and there are eight total customers in line. The average time to process each sales transaction is 90 seconds. How much time will have passed when the last sales transaction is complete?

a)

3 minutes

b)

4 minutes

c)

6 minutes

d)

6.5 minutes

25.

You have a budget of $1,440 per week for employees. Employees are paid $12 per hour and work 40 hours per week. Ignoring overhead, how many employees can you hire?

a)

1

b)

2

c)

3

d)

4

26.

Your employee can normally restock 200 items per hour. After 8 hours on the job, her rate decreases 10% per hour. At hour 12 in a long shift, how many items can she restock per hour?

a)

131

b)

147

c)

187

d)

200

27.

Your staff consists of 5 cashiers, 2 stockers, and 3 salespeople. The cashiers are paid $10 per hour; the stockers are paid $9 per hour; the salespeople are paid $14 per hour. What is the average hourly wage across all your workers?

a)

$9 per hour

b)

$10 per hour

c)

$11 per hour

d)

$14 per hour

28.

You have five employees. They work the following number of hours last week: 42, 26, 39,12, 55. What is the median number of hours worked?

a)

26

b)

39

c)

40

d)

42

29.

You ask an employee to string holiday lights around the perimeter of a circular room. The room is 30 feet in diameter. How many feet of lights will she need? (Round to the nearest foot.)

a)

30

b)

79

c)

94

d)

188

30.

You employ 28 people making an average of $33,000 per year. You want to give every employee a 5% increase for next year. What will be the total increase in your company's annual payroll?

a)

$33,000

b)

$36,400

c)

$40,800

d)

$46,200

31.

If you sell 10 units a week and you have 50 units in inventory, then you have how many weeks of inventory?

a)

1

b)

5

c)

7

d)

12

e)

20

32.

You have planned purchases of $2,500. You have received orders that total $1,200, and you have ordered merchandise that totals $700. Calculate the open-to-buy amount.

a)

$4,400

b)

$3,000

c)

$2,000

d)

$600

33.

If a business sells 50 units per week and has 150 units of inventory, then the business has:

a)

14 days of inventory

b)

21 days of inventory

c)

28 days of inventory

d)

35 days of inventory

34.

Compute the open-to-buy for a store with planned purchases of $3,500. Orders received total $975 and merchandise ordered totals $1,200.

a)

$1,200

b)

$1,250

c)

$1,300

d)

$1,325

35.

Compute the stock turnover for a product that has sales of 350 units and an average of 70 units in inventory.

a)

7

b)

5

c)

6

d)

10

36.

Compute the stock turnover in dollars for a product that has sales of $6,000 and an average value of inventory investment of $1,500.

a)

2

b)

3

c)

4

d)

70

37.

A store's buyer places an order for three dozen coffee mugs at a cost of $3.75 each, four dozen plastic glasses at a cost of $1.00 each, and two dozen insulated soft drink holders at a cost of $0.50 each. The delivery charge for this order is $7.50. There are no applicable discounts. What is the total cost of the order? One dozen = 12

a)

$202.50

b)

$235.50

c)

$240.25

d)

$198.00

38.

You place three orders for 100 soccer balls which cost $22 per ball. You receive all 300 balls. There is a delivery charge of $20 per order. What is your average cost per ball including delivery charges?

a)

$20.00

b)

$22.20

c)

$32.20

d)

$33.33

39.

You begin the week with 20 units of milk. You purchase 40 units. Your ending inventory for the week is 30 units. How many units did you sell?

a)

20

b)

30

c)

40

d)

60

40.

You end the summer with 132 baseball bats in inventory. You only average sales of 12 bats per week over the next 4 months. How long will your supply of bats last?

a)

11 weeks

b)

12 weeks

c)

13 weeks

d)

14 weeks